Page 3 - Manojit Saha

New Development Bank appoints RBI's Rajiv Ranjan as vice president

NDB, the BRICS multilateral bank, named RBI executive director Rajiv Ranjan vice president and chief risk officer for five years; he will assume charge in September

After a 4-month record in FY26, corporate bond issuances slow down in Aug

Market participants said that the bond market is currently in a wait-and-watch mode due to multiple uncertainties amid supply pressures from state bonds and central government bonds

More supply at longer end, GST-cut proposal keep bond yields elevated

Yields on state government bonds also hardened sharply. The 10-year SDL yield, which was in the range of 6.84-6.88 per cent in the first week of April, has climbed to 7.09-7.17 per cent as of Aug 19

RBI floats discussion paper to review inflation targeting framework

RBI has launched a discussion paper to review its inflation targeting framework, focusing on the core vs headline inflation debate, the 4% target, and tolerance band before next review in March 2026

Future policy actions dependent on growth-inflation dynamics: Nagesh Kumar

Hopefully, the penal tariffs for Russian oil purchase will be withdrawn, and the ongoing bilateral trade negotiations will succeed in eventually bringing down the US tariffs on Indian exports to more

'If 50% tariffs continue, near-term adverse impact on growth very likely'

The importance of domestic savings is likely to increase, given the uncertainties on our external balance

RBI's MPC minutes: Status quo in August hinged on tariffs, rate-cut outcome

All the six members of the MPC unanimously decided to keep the policy repo rate unchanged at 5.5 per cent while maintaining the "neutral" stance

Low savings account interest rates fuel a rush to liquid mutual funds

Net new account openings swell to 220,000 in 2025

LIC targets sales growth in double digits for FY26: MD & CEO R Doraiswamy

The 64 per cent market share is on a composite basis, in which group insurance plays a major role, says Dowaiswamy

We have to play it right and convince people they can trust us: AU chief

I think the momentum will be huge in our favour be it in terms of deposits or loans. We just got the license last night and the kind of curiosity I am seeing around this is huge, said Agarwal

SBI Q1 results: Net profit rises 12.5% to ₹19,160 crore on treasury gains

SBI Q1 net rises to ₹19,160 crore aided by treasury gains; net interest margins may improve by March 2026 even as NII and CASA ratio face near-term pressure

RBI MPC: No reason to believe rate cut will not be growth-inducing

Governor Sanjay Malhotra says front-loaded policy easing and stable inflation outlook will support credit growth, while tariffs and global shocks pose limited risks to India's economy

MPC review: RBI hits pause on policy repo rate cuts, citing uncertainties

The central bank also cut the inflation outlook for the current financial year by 60 basis points (bps) to 3.1 per cent which is significantly below its mandated target of 4 per cent

NPAs in agriculture sector stay high amid loan-saturation concerns

The stress reflects growing concern over loan saturation, with some PSBs reporting lower single-digit year-on-year (Y-o-Y) growth

Monthly RBI bulletin: Public-sector banks slashed rates more than pvt peers

RBI report says PSBs reduced lending and deposit rates more than private banks in response to 100-bps repo rate cut; economy stays resilient amid global uncertainty

Banks flush with funds but reluctant to pursue aggressive lending

Loan growth for banks is yet to pick up despite a 100 bps cut in the policy repo rate by the Reserve Bank of India (RBI) since February

New project finance norms: Banks seek exemption for smaller loans

On June 19, the RBI announced the final norms for project finance, prescribing a one per cent general provision for all projects, as compared to 0.4 per cent now

External spillovers likely to hit India's financial system: RBI report

Stress tests showed banks' gross NPA to rise under baseline scenario

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

In the Financial Stability Report, RBI Governor Sanjay Malhotra says domestic resilience is strong but global tariffs, geopolitics and climate risks could impact growth

RBI bulletin: India's economic activity 'resilient' amid global flux

Trade policy outcomes in July, after the temporary tariff hiatus is over, and the future course of geopolitical events would likely shape the medium-term economic prospects